The goods and services tax, which was launched earlier this year, has affected almost every service and production sector in India. While some business sectors experienced positive changes after GST, most of the industries reported a degrade in their growth because of GST implementation. One of them is the Indian kite industry.
Most of the kite businesses in India are situated in Rajasthan, Delhi, Gujarat and Uttar Pradesh states. The annual business of this sector was more than 40 crore rupees until last year. The major rise in the demand for kites is seen in the months between Diwali (October-November) and Holi (March) festivals. However, the business is seeing a decline of as much as 50 per cent this year because of the GST. A big number of kite merchants are not able to continue their businesses (shops) under GST regime.
